VOL. XLV

No 6

11-February-2002

SAUDIARABIA

ColumnistCalls For Competition In Saudi Banking

Theneed to render the Saudi banking system more competitive was highlighted in aneditorial by a Saudi columnist, 'Abd Allah Bajubair, on 2 February in theArabic daily Asharq al-Awsat. Mr Bajubair called for an increase in thenumber of banks in order to create a more competitive environment and providebetter services, including a cap on interest rates for personal loans. MrBajubair recalled a recent...